Question: i need help with these 2 Use the data below to answer the following two questions: Use exponential smoothing with me - 0.8 to calculate
i need help with these 2
Use the data below to answer the following two questions: Use exponential smoothing with me - 0.8 to calculate a forecast for period S. The forecast for period 5 is: Period Error Absolute Deviation UN 1 2 3 4 Actual Demand Forecast Demand 10 7 8 9.4 7 8.28 10 10 9.45 09.4 7.8 Not enough information Calculate the Mean Absolute Deviation (MAD) forecast error for periods 1 through 4. The MAD is: Period Error Absolute Deviation 1 2 3 Actual Demand 10 8 7 10 Forecast Demand 7 9.4 828 4 $ 2.106 1.874 1.5 0.75 Not enough information

Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
